“Major companies racked up more than $20 billion in enforcement costs for environmental, health and safety and other violations between Election Day and Donald Trump’s inauguration.
It follows an earlier EPA report that says environmental compliance alone cost companies $13.7 billion in 2016.
The recent data posted at Violation Tracker includes 16 cases with penalties of $100 million or more, including four in excess of $1 billion: Deutsche Bank ($7.2 billion), Credit Suisse ($5.3 billion), Volkswagen ($4.3 billion) and Takata ($1 billion).
Banks and other financial services companies account for the largest portion by far of the recent cases, racking up nearly $15 billion in fines and settlements. Automotive companies like Volkswagen and Takata are second with about $5.5 billion, while pharmaceutical and healthcare firms account for about $1.2 billion.
In addition to the recent cases, Violation Tracker now includes data from nine additional federal agencies, bringing the total to 39.”